1009 W Harrison AvenueClarksvilleIN47129
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Clarksville at 1009 W Harrison Avenue, Clarksville, IN, 47129 generates $1,085/mo in rent and, after a $612/mo payment, leaves $334/mo in cash flow. Total monthly income is $1,085/mo, and annual cash flow is $4,014/yr on $41,438 invested. Return on cash invested sits at 29.59% in year one, and rental yield is 10.42% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 154.6% and total cumulative return in cash sums $64,061. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,085/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47129, Clarksville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,788 (100%) |
| Owner Occupied HU | 4,747 (48.5%) |
| Renter Occupied HU | 4,093 (41.8%) |
| Vacant Housing Units | 948 ( 9.7%) |
| Median Home Value | $189,797 |
| Average Home Value | $217,139 |
Housing Distribution
Address Breakdown
Residential
9,317
Single Family
7,483
Multi-Family
1,834
Businesses
931
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Listed by: Laine Bowling • eXp Realty, LLC
Mls Name: SIRA
Mls ID: #202605357